Loans for VIC primary producers impacted by floods commencing October 2022

Overview

Loans may be used to undertake activities to re-establish the normal operations of the business, including:

• repairing or replacing buildings
• repairing or replacing damaged plant and equipment
• supplying stock to replace lost stock and maintain liquidity of the business
• purchasing livestock to replace those that have been lost in the eligible disaster
• essential working expenses including paying bills, salaries or wages, rents and rates, goods and services etc.

Check if you can apply

To be eligible for a loan, the applicant must:

• be a primary production enterprise
• hold an Australian business number (ABN) and have held that ABN at the time of the eligible disaster
• have been engaged in carrying on the primary production activity when affected by the eligible
• disaster
• be primarily responsible for meeting the costs claimed in the application
• be intending to re-establish or continue carrying on conducting the primary production activity within the same local government area
• have suffered significant damage to assets as a direct result of the eligible disaster
• demonstrate that the primary production enterprise has reasonable prospects of long-term viability with the assistance provided
• demonstrate that the primary production enterprise has the capacity to repay the loan.